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Risk Prevention Widely Discussed in Seminar
In the Capital Market and West Forum of China Seminar held today, "risk" became the widely used word except "west development" in the seminar.
Chief Advisor to China Securities Regulatory Commission Anthony Neoh firstly stepped onto the podium and emphasized risk. According to him, securities market is a place full of opportunities and risks. It has market risks, supervision risks, policy risks and non-market risks. Market risk is embodied in the ups and downs of the market, which is hard to be avoided, and we should lower the market risks to the least possible level. He revealed that a risk-controlled measures on chasing back illegal actions had been put on the schedule.
Vice general manager of Shenzhen Stock Exchange (SZSE) Zhang Ying also emphasized the risks in the second board when introducing the progress of GEM preparation. He said a draft of GEM with more than 300000 Chinese characters were finalized, through which SZSE aimed to strengthen education on investors and let more investors know about the game rules of GEM. Meanwhile, SZSE will adopt a series of measures for risk ward-off on strengthening corporate-run structure, information disclosure system and sponsor system. (Panorama)
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